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b9991
Nov 19, 2015 7:53 AM

SPX SHORT - SHORT TERM ONLY Short

S&P 500 index of US listed sharesFXCM

Description

Due to the excessive and increasing sustained bullish moves, and the fact that in this chart, if one were to remove the 'float time' during after market hours since yesterday's close (Nov 18, Wed), if the channel were drawn using close data, the price would be at the top of the channel, not the bottom (as it is now).

I am holding a very small short position in the form of 209.5 put, Dec 4th expiry. I will be watching the open to see whether it is worth holding on.
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